Negotiable
Undetermined
Undetermined
Andover, England, United Kingdom
Summary: The Interim Finance Manager at Nidec Drives will be responsible for providing financial support and strategic guidance to the General Manager and the management team. This role involves improving performance, ensuring compliance with financial regulations, and managing a team to achieve the company's financial goals. The position is a fixed-term contract for 12 months, emphasizing collaboration and effective communication within the organization.
Key Responsibilities:
- Providing financial information and support to the General Manager, Nidec Business Groups, and Nidec Group.
- Advising the GM on financial and budgetary policies and ensuring proper preparation and submission of financial accounts.
- Helping design and implement financial and business strategies.
- Advising on policies and procedures for financial data collection and presentation.
- Ensuring compliance with legal requirements under Companies Acts.
- Appointing, training, and maintaining a competent team.
- Managing expenditure and reviewing budgets.
- Providing feedback on operating data to managers.
- Analyzing customer and product gross margins.
- Preparing annual budgets and departmental plans.
- Conducting monthly payroll checks and preparing related journals.
- Managing cash flow, taxation, and insurance.
- Preparing internal management reports and statutory accounts.
- Ensuring compliance with UK tax regulations.
Key Skills:
- Chartered Accountant – CIMA, ACCA qualified or similar.
- In-depth knowledge of double entry bookkeeping.
- Strong knowledge of financial statements structure.
- Experience with computer-based MRP systems, preferably Oracle.
- Forecasting and budget preparation skills.
- Strong spreadsheet skills and financial analysis.
- Manufacturing experience (desirable).
- Experience with multi-faceted business models and reporting lines.
Salary (Rate): undetermined
City: Andover
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Other
At Nidec our values and behaviours are the foundation for creating a great culture to support business success. We are looking for exceptional people who turn ambitions into actions, and we believe everyone has the potential to succeed. Achieve your dreams with Nidec – apply today! Nidec will offer a host of opportunities for growth, varied career paths, exciting challenges, and a culture of inclusion that celebrates diversity. In addition, we will offer you a benefits package that aims to meet your individual needs. Here’s some of what we offer: 25 days Annual Leave, increasing with service. (Plus, Public Holidays) Progression & Development opportunities. The opportunity to work from home one day per week. Holiday sell back program. Pension Scheme, 5% matched. Additional day off for your birthday, once you have been with us for 1 year. EV and cycle-to-work schemes. Voucher programs, with a wide offer of discounts on everything from cinema and theatre tickets to goods and services. Life Insurance A funded volunteer day per year, encouraging you to support the communities and charities that matter to you. Employee assistance program
Role Summary: We have an exciting opportunity for an individual to join Nidec Drives as an Interim Finance Manager . On a fixed term contract of 12 months . The Interim Finance Manager will play a key part in the contributions of identifying the goals of the business and to help define the strategy to achieve them. Actively working at improving CTD performance and conditions It is key that the Interim Finance Manager co-operates with other managers to enforce the best interests of CTD as a whole and ensure good working relationships and communications with all staff.
Key Job Responsibilities: The responsibilities of the Interim Finance Manager consist of but are not limited to:
- Providing financial information and support to the General manager, Nidec Business Groups and Nidec Group.
- Advising the GM about correct financial and budgetary policies and ensuring the financial and cost accounts of the company are properly prepared and submitted to group and to Companies House within the defined timescale
- Helping the General Manager to design and implement appropriate Financial and business strategies
- Advising the Management team about proper policies and procedures concerning the collection and presentation of financial data.
- Responsible for ensuring that the company meets its legal requirements under the prevailing Companies Acts
- Appoint, train, and maintain a team of subordinates who are competent to carry out the work required of them in a global environment.
- Management of Expenditure, ensuring correct allocation of expenses to cost centres; review and recommendation of budgets to the GM and wider Nidec team
- Feedback of operating data to managers at all levels to enable them to know how they are operating within the given financial and budgetary limitations.
- Analysis of Customer and Product Gross Margins KPI reporting and analysis
- Prepare annual budgets of expenditure and departmental plans
- Monthly Payroll checks and Preparation of related Journals including provisions
- Work related to the management of cash flow, taxation, insurance etc.
- Preparation of internal Management reports, statutory accounts & associated Audit liaisons’
- Responsible for monthly reconciliations of balance sheets accounts, including bank accounts, fixed assets, inventory records, prepayments, accruals to ensure accuracy and resolve discrepancies promptly
- Ensure compliance with UK tax regulations, including VAT and Corporation Tax submissions.
Qualifications & Experience Requirements: Chartered Accountant – CIMA, ACCA qualified or similar In depth knowledge of double entry bookkeeping Strong knowledge of the structure of financial statements (to include Income Statement, Balance Sheet and Cash Flow) Use of computer based MRP systems – Oracle would be preferable Forecasting and Budget preparation skills • Strong spread sheet skills and financial analysis Manufacturing experience (desirable) Experience of multi-faceted business models and business reporting lines Employees must be able to: Understand emergency instruction Read safety signage and hazard warnings Communicate effectively in specific situations (e.g. fire evacuation)